At the 2024 #TOKEN2049 event, Binance's @cz_binance and Ethereum's @VitalikButerin held a private meeting to discuss a groundbreaking topic: #DeSci (Decentralized Science). It was an exciting conversation about something new, daring, and full of potential. And in just a few days, @binance will officially list @bioprotocol on Binance Launchpool, making it a major milestone for the #DeSci movement.
I. What is DeSci?
DeSci, or Decentralized Science, is a movement that seeks to revolutionize the way scientific research and development are conducted by leveraging blockchain and Web3 technology. By integrating decentralization, DeSci aims to bring transparency and innovation to the scientific community, allowing for more open collaboration and funding across the globe.
II. What is BIO Protocol?
@bioprotocol is a cutting-edge DeSci platform designed to manage and fund biotech research. It connects scientists, investors, and global communities, enabling them to co-develop and own research while benefiting from a decentralized ecosystem.
#BIO Protocol redefines how biotech funding works by decentralizing capital, allowing for wider access, shared intellectual property (IP), and patient-centered innovation. It’s a platform that drives efficiency and accelerates progress in biotech.
II. Why BIO Protocol?
#BIO Protocol stands out in the DeSci space because it transforms the way biotech research is funded and managed. By decentralizing funding, providing global access to talent and resources, and promoting shared IP, it fosters an environment of collaboration and innovation. This makes it easier to overcome traditional barriers in scientific research while aligning research efforts with patient needs.
III. Notable Milestones of BIO Protocol
BIO Protocol has made significant progress in a short amount of time. Some key achievements include:
Raised $30M at a $219M valuation.
$7.37M deployed, creating a $43M+ tokenized IP portfolio.
$50M+ TVL (Total Value Locked) in BioDAO tokens and ETH.
Over 29,800 token holders and 8 DAOs with a $300M+ market cap.
The latest BioDAO launch raised $6.8M.
VI. BIO Protocol’s Key Products
BIO Protocol has three core products that support the entire ecosystem:
BIO Protocol Infrastructure: The foundation for the BIO ecosystem, enabling on-chain economies for bioDAOs.
BIO Launchpad: A platform that connects investors with biotech projects through an auction model.
BIODAO Incubator: Supporting the growth of new bioDAOs by providing resources and funding for biotech research.
bioDAO: Community-Owned Research Networks
bioDAO is a community-driven research network that raises funds through token sales. These funds support biotech projects and ensure transparency and global collaboration in scientific research. With the help of Molecule's IP framework, bioDAOs tokenize and manage intellectual property to ensure data access and value sharing across a decentralized network.
BIO Launchpad: Connecting Investors with Innovation
BIO Launchpad acts as a bridge between investors and promising biotech projects. The platform runs on an auction model, where investors place bids based on the amount they wish to invest and the maximum price they're willing to pay. At the end of the auction, selected investors can claim tokens, contributing to the success of bioDAO projects.
Notable BIO Ecosystem Projects
BIO Protocol’s ecosystem is home to several innovative bioDAOs, including:
VitaDAO: Longevity research.
AthenaDAO: Women’s health.
PsyDAO: Psychiatry science and art.
ValleyDAO: Biotech solutions for environmental conservation.
HairDAO: Solutions for hair loss.
CryoDAO: Cryopreservation research.
CerebrumDAO: Brain health and neurodegeneration.
Curetopia: Treatments for rare diseases.
Long Covid Labs: Research and treatment for Long Covid.
Quantum Biology DAO: Electron microscopy for biology research.
Getting $BIO Tokens
BIO Protocol is not only shaping the future of biotech but also rewarding its community. 3% of the BIO token supply has been allocated for the Binance Launchpool, rewarding $BNB holders.
Currently, $BIO is trading at approximately $0.9 on the OTC market.
How to Get Free $BIO Tokens
$BIO will officially be listed on Binance on 2025-01-03 at 10:00 (UTC). To participate and get free $BIO, simply follow these steps:
Create a Binance account.
Buy some #BNB.
Stake your $BNB in Simple Earn to qualify for the campaign and secure your chance to claim $BIO tokens.
With the exciting developments around BIO Protocol and DeSci, now is the time to dive in and explore how these innovations will transform the world of scientific research and biotech funding.
